General News
Ford Recall Includes Some F-150 Pickup Trucks
Ford will issue an over-the-air software update for trailer control modules in the affected vehicles. The glitch affects some F-150 pickups from the 2021 through 2026 model years.
Supreme Court Rules the Postal Service Can't Be Sued
The majority of five conservative justices said the federal law that generally shields USPS from lawsuits over missing, lost and undelivered mail includes “the intentional nondelivery of mail.”
Port of Long Beach Imports Fall 13% Under Trade War Tumult
CEO Noel Hacegaba told reporters that the Port of Long Beach was the most active port in the U.S. last month, beating its Southern California neighbor, the Port of Los Angeles.
Ocado to Cut 5% of Staff as Warehouse Tech Rollout Falters
Ocado suffered a major setback in November when its biggest customer, Kroger, said it would close three Ocado fulfilment centers.
BlueScope Rejects Revised Steel Dynamics Bid
Australia’s BlueScope Steel said a revised bid from Steel Dynamics and SGH undervalues the company, but it remains open to a better offer.
TC Energy Spinoff Weighs Keystone XL Revival
South Bow, a spinoff of TC Energy, is considering an expansion of its pipeline system that may revive a version of the canceled Keystone XL project.
N.J. Airport to Launch Autonomous Shuttle Pilots This Spring
Newark Liberty International Airport will start testing self-driving shuttle buses that could haul passengers between the airport’s long-awaited new train system and terminals this spring.
Graves Highlights Safety in Endorsing Trump CDL Measures
House Transportation and Infrastructure Committee Chairman Sam Graves on Feb. 25 backed President Donald Trump’s call for stricter English‑language requirements for CDL holders.
Trump Plans Targeted Tariff Increase to 15%
President Trump will sign a directive in the coming days raising his global tariff to 15% “where appropriate” and is seeking “continuity” with nations that struck trade deals, an official said.
Lineage Expects Steadier 2026, Decline in Industry Capacity
The company posted a profit of $6 million (3 cents per diluted share) in Q4 after reporting a $71 million (33 cents/share) loss in the year-ago period as expenses fell more than revenue.
EU Sees US Tariffs Breaking Deal Limit on $5B Worth of Goods
Trump’s new policy will increase duties above the maximum allowed level on European exports including cheese, butter, some agricultural products, and several plastics, textiles and chemicals.
Appeals Court Sides With BNSF on Asbestos Deaths
A federal appeals court has overturned a judge’s finding that BNSF contributed to the deaths of two in Montana. BNSF argued it was required under law to accept the vermiculite material for shipment.
Self-Driving Startup Wayve Raises $1.5B for Robotaxi Wars
Wayve, the U.K. autonomous driving software startup, prepares to go up against Chinese and U.S. rivals to roll out self-driving taxis.
Fracking Companies Turn to Global Buyers for Idle Equipment
U.S. fracking companies are increasingly sending their idle equipment overseas, finding new markets abroad as growth slows in the shale fields of Texas, New Mexico and elsewhere.
Duffy Seeks Permit Reforms to Speed State Projects
Transportation Secretary Sean Duffy told state planners he intends to eliminate red tape and reform permitting to complete construction projects faster amid rising costs.
US Signals Steady Tariffs Ahead of China Meeting
“We expect that level to remain in place. We don’t intend to escalate beyond that. We intend to really stick to the deal that we had before,” Jamieson Greer said on Fox Business.
US Embraces Gas Guzzlers While World Goes Electric
The sudden switch promises a new era of fat profits for the companies. Long term, it risks sending American automakers off a cliff.
Lowe’s Expects Flat Sales on Muted Housing Demand
The company said Feb. 25 that the housing market remains pressured and that it’s focusing on improving productivity and other factors it can control.
Lucid Trims Production Goals Following Tough Year
Lucid Group plans to boost electric vehicle output more slowly in 2026 following a year marked by production struggles and faltering demand for battery-powered vehicles in the U.S.
Israel Raises Wheat Levies to Woo US
Israel plans to make further trade concessions to the U.S. on food and agricultural goods as part of efforts to persuade its closest ally to ease tariffs on exports from the Jewish state.